SHARE EXCHANGE AND RESTRICTED STOCK PURCHASE AGREEMENTShare Exchange and Restricted Stock Purchase Agreement • July 27th, 2012 • Kranem Corp • Retail-catalog & mail-order houses • California
THIS Share Exchange and Restricted Stock Purchase Agreement (this “Agreement”), dated as of October 1, 2004 (the “Effective Date”), is made and entered into by and among Xalted Networks, Inc. (“Xalted America”), a Delaware corporation, Xalted Information Systems, Pvt., Ltd., (“Xalted India”), an Indian corporation (the “Company”), Rajendra Manikonda (“Mr. Manikonda”), an individual, and Pratap (Bob) Kondamoori (“Mr. Kondamoori”), an individual. Mr. Kondamoori and Mr. Manikonda are hereinafter sometimes referred to collectively as the “Shareholders” and individually as a “Shareholder.” Xalted America, Xalted India, and the Shareholders are hereinafter sometimes referred to collectively as the “Parties” and individually as a “Party.” Capitalized terms used in this Agreement but not defined herein shall have the meaning assigned to them in the Xalted SPA, as defined below.
